Module Maker Alpex Solar to Use IPO Proceeds to Expand Manufacturing

The ₹745 million initial public offering was subscribed 303 times

February 13, 2024

/ Manufacturing, Markets & Policy, Solar,

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Greater Noida-based solar module manufacturer Alpex Solar’s ₹745 million (~$8.9 million) maiden initial public offering (IPO) of 6.48 million equity shares was subscribed 303 times with significant interest received from qualified institutional buyers (QIB), high net worth individuals (HNI) and retail investors.

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B.S. Nagaraj

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Module Maker Alpex Solar to Use IPO Proceeds to Expand Manufacturing

Continue Reading with Premium Access

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